Services

In the field of services, we see a key segment that can generate continuous earnings contributions outside
the project business. In Germany, we founded the company “synexs” in 2016. It serves the growing demand for
modern facility management. In Australia, CIMIC has a 50% share in service provider Ventia. CIMIC’s acquisition
of UGL complements and expands the services capabilities and provides a platform to develop and grow the presence
of our Australian Group company in this strategic sector. UGL is a leading provider of end‐to‐end engineering and
maintenance services in core sectors of rail, transport and communication systems, oil and gas, power, resources,
water and defence.